Oil

Oil keeps rising, and we all wonder if it will ever drop, my bet is placed on NO. It is no secret that the framework of society is oil, take one look around you, nearly everything you see has been touched by oil in some form or way. Cars, planes, machines, plastics, pesticides, everything you can imagine uses oil, and when a whole society revolves around a non-renewable resource, and that resource is nearing it's life span, it can only equal one answer, high prices. Now some of you may say there is enough oil for the world to survive for many years to come, but let me use just one example that might change your mind. The Alberta Oil Sands, estimated at approx. 275 billion barrels of recoverable oil, the world's largest reserve. If the world were to run solely on these oil sands, it would take approx. 7.5 years for it to run dry, 7.5 years!, this is peanuts. Now I know the oil sands may hold over 2-3 trillion barrels of oil, but I am dealing with proven numbers. With ever increasing consumption and ever decreasing reserves the price of oil looks poised to rise for years to come. The scary thing is that if oil goes up, this means everything goes up, and this leads me to believe we will see a market boom unlike ever seen before.

Peak oil is no fairy tale, and anyone who has eyes and chooses to see it, will know where to put their money in the coming years. Now I could go on for hours, with piece after piece of evidence that supports what I say, but I will let you do your own DD and make your own decision. In conclusion, you just can't go wrong with putting your money into oil.